GM BREWERIES - RESULTS FOR Q4 - FY2017-18

GM BREWERIES

RESULTS FOR

Q4 FY2017-18

GMBL is engaged in the activities of manufacturing and marketing of Alcoholic Beverages; such as Country Liquor (CL) and Indian made Foreign Liquor (IMFL).

The company is growing steadily and has earned a dedicated customer base. GMBL is the largest manufacturer of country liquor in the state of Maharashtra with a sizeable market share. GMBL also contributes substantially to the state exchequer by way of excise duty and value added tax. 

GM BREWERIES  has declared good results for the fourth quarter of FY 2017-18.Sales have not increased much. But Profits have increased impressively. Share price has increased impressively over the year.

GM BREWERIES	Mar '18	Dec '17	Sep '17	Jun '17	Mar '17	YOY	QOQ
Net Sales	112.21	117.9	101.27	94.5	100.98	11.12	-4.83
Other Operating Income	0.12	--	--	1.41	0.06	100
Total Income	112.33	117.9	101.27	95.91	101.04	11.17	-4.72
EXPENDITURE
Consumption of Raw Materials	68.47	74.87	67.76	70.52	41.48	65.07	-8.55
Increase in Stocks	0.05	0.73	-0.96	-0.26	0.1	-50	-93.15
Employees Cost	4.18	2.14	1.85	1.73	2.47	69.23	95.33
Depreciation	2.16	1.28	1.27	1.28	1.28	68.75	68.75
Other Expenses	6.37	6.07	7.75	7.02	40.47	-84.26	4.94
P/L Before Other Inc. , Int., Excpt. Items & Tax	31.1	32.81	23.6	15.62	15.24	104.07	-5.21
Other Income	6.43	1.3	0.46	--	0.77	735.06	394.62
P/L Before Int., Excpt. Items & Tax	37.53	34.11	24.06	15.62	16.01	134.42	10.03
Interest	--	--	0.01	0.02	0.05
P/L Before Tax	37.53	34.11	24.05	15.6	15.96	135.15	10.03
Tax	12.86	11.81	8.32	5.4	5.64	128.01	8.89
Net Profit	24.67	22.3	15.73	10.2	10.32	139.05	10.63
Equity Share Capital	14.62	14.62	14.62	14.62	14.62	0	0
Basic EPS	16.87	15.25	10.76	6.98	7.06	138.95	10.62
Diluted EPS	16.87	15.25	10.76	6.98	7.06	138.95	10.62
MP	1002
PE	14.85
GROWTH IN PRICE	1 week	2 week	1 month	3 month	6 month	9 month	1 year
Price	1099.2	961.6	899.6	1090	563.3	482.5	430.4
Gain%	-08.9	04.09	11.27	-8.2	77.69	107.45	132.56